Waves (WAVES) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has lost 5.55% to $2.01.
InvestorsObserver is giving Waves a 42 Volatility Rank. Find out what this means to you and get the rest of the rankings on Waves!
Moderately Volatile
InvestorsObserver gives Waves a moderate volatility rank of 42, placing it in the bottom 42% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. WAVES's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Waves price is in a favorable position going forward. With support at $1.89 and resistance at $2.06. This positions Waves with room to run before facing selling pressures.